1,220 result(s) for national bank
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Hungary's Central Bank Gov Refuses To Attend Hearing On Spending
- 4 Sep 2014 9:00 AM
- current affairs
Central bank governor György Matolcsy has refused to attend a hearing called by parliament’s budget committee to answer questions about central bank spending. Matolcsy said he regards the convening of the parliamentary committee illegal, as the head of the central bank under the law reports to the economic committee only.
Hungarian Govt Agency Files Complaint Against NGO Associated With Norway Grants
- 4 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has filed a criminal complaint against an unnamed organisation on suspicion of illegal financial activities, Kehi told MTI on Wednesday. Daily Magyar Nemzet’s Wednesday issue reported that Kehi was investigating the suspected organisation in connection with a probe into ways grants from the Norway Fund are distributed in Hungary, and suspected that it had ...
Hungarian National Bank Uncovers Huge Ponzi Scam
- 1 Sep 2014 9:00 AM
- current affairs
The MNB has levied a Ft 1.25 billion fine on a group of companies and one individual for running what amounts to a large-scale Ponzi scheme. Authorities seized Ft 1.5 billion from the accounts of Zsolt Szabó-Forrai, the mastermind of the scam.
Xpat Opinion: Procreation And Pensions In Hungary
- 31 Aug 2014 9:00 AM
- current affairs
In the last month or so article after article appeared about the conclusions of a group of economists and demographers who have been discussing possible solutions to the interrelated problems of the low Hungarian birthrate and the eventual depletion of the state pension fund. This group, the Népesedési Kerekasztal (Demographic round table), seems to have the support of the Orbán government. It is ...
National Bank of Hungary Contributes HUF 200bn To Educational Foundations
- 29 Aug 2014 9:00 AM
- community & culture
The National Bank of Hungary has contributed 200 billion forints (EUR 639m) to four foundations established to support instruction in economics and finance. Central bank governor Gyorgy Matolcsy said in an interview with Vs.hu that Hungary’s success in the coming decades would depend on renewing the teaching of economics and finance, and this required new institutions, new instructors and new ...
National Bank Of Hungary Paid HUF 17.8 Billion Not HUF 12 Billion For Eiffel Palace?
- 29 Aug 2014 1:00 AM
- property
The recent purchase of the luxurious Eiffel Palota office building (pictured) by the National Bank of Hungary (MNB) appears to have cost HUF 17.8 billion (USD 60 million) instead of the HUF 11-12 billion (USD 45 million) reported previously by online economical daily napi.hu.
Hungary’s NBH Comments Luxury Office Building Purchase
- 28 Aug 2014 9:00 AM
- property
The National Bank of Hungary (NBH) has purchased the Eiffel Palace office building, located in the centre of Budapest, for EUR 45.3m not including VAT, in order to exploit the advantages from the property investment, the NBH told MTI. The NBH also said the purchase could have a positive effect on the bank’s results.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungarian Socialists Criticise Banknote Revamp
- 4 Sep 2014 9:00 AM
- current affairs
The National Bank of Hungary (NBH) on Monday announced it would revamp the banknotes it issues in 2014-2018. The opposition Socialists interpreted the announcement as the government’s admission that it has dropped plans to introduce the euro in Hungary. Sándor Burány, Socialist head of parliament’s budget committee, told MTI that “the government prefers a weak forint, which increases the burden ...
Hungary's Central Bank Gov Refuses To Attend Hearing On Spending
- 4 Sep 2014 9:00 AM
- current affairs
Central bank governor György Matolcsy has refused to attend a hearing called by parliament’s budget committee to answer questions about central bank spending. Matolcsy said he regards the convening of the parliamentary committee illegal, as the head of the central bank under the law reports to the economic committee only.
Hungarian Govt Agency Files Complaint Against NGO Associated With Norway Grants
- 4 Sep 2014 9:00 AM
- current affairs
The Government Control Office (Kehi) has filed a criminal complaint against an unnamed organisation on suspicion of illegal financial activities, Kehi told MTI on Wednesday. Daily Magyar Nemzet’s Wednesday issue reported that Kehi was investigating the suspected organisation in connection with a probe into ways grants from the Norway Fund are distributed in Hungary, and suspected that it had ...
Hungarian National Bank Uncovers Huge Ponzi Scam
- 1 Sep 2014 9:00 AM
- current affairs
The MNB has levied a Ft 1.25 billion fine on a group of companies and one individual for running what amounts to a large-scale Ponzi scheme. Authorities seized Ft 1.5 billion from the accounts of Zsolt Szabó-Forrai, the mastermind of the scam.
Xpat Opinion: Procreation And Pensions In Hungary
- 31 Aug 2014 9:00 AM
- current affairs
In the last month or so article after article appeared about the conclusions of a group of economists and demographers who have been discussing possible solutions to the interrelated problems of the low Hungarian birthrate and the eventual depletion of the state pension fund. This group, the Népesedési Kerekasztal (Demographic round table), seems to have the support of the Orbán government. It is ...
National Bank of Hungary Contributes HUF 200bn To Educational Foundations
- 29 Aug 2014 9:00 AM
- community & culture
The National Bank of Hungary has contributed 200 billion forints (EUR 639m) to four foundations established to support instruction in economics and finance. Central bank governor Gyorgy Matolcsy said in an interview with Vs.hu that Hungary’s success in the coming decades would depend on renewing the teaching of economics and finance, and this required new institutions, new instructors and new ...
National Bank Of Hungary Paid HUF 17.8 Billion Not HUF 12 Billion For Eiffel Palace?
- 29 Aug 2014 1:00 AM
- property
The recent purchase of the luxurious Eiffel Palota office building (pictured) by the National Bank of Hungary (MNB) appears to have cost HUF 17.8 billion (USD 60 million) instead of the HUF 11-12 billion (USD 45 million) reported previously by online economical daily napi.hu.
Hungary’s NBH Comments Luxury Office Building Purchase
- 28 Aug 2014 9:00 AM
- property
The National Bank of Hungary (NBH) has purchased the Eiffel Palace office building, located in the centre of Budapest, for EUR 45.3m not including VAT, in order to exploit the advantages from the property investment, the NBH told MTI. The NBH also said the purchase could have a positive effect on the bank’s results.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.